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20121213
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MSNBC
Dec 9, 2012 5:00am PST
of borrowing is unicorn. >> it's true you can go back and obama is frequently cited by republicans voting against raising the debt ceiling in 2006. democrats were never in the past and even republicans were never trying to stage this show down where it was anything more than a symbolic vote and not using it for leverage. when you hear mitch mcconnell talking like that, is this healthy to use the debt ceiling this way? >> i understand the point that congress has the power of the purse under our system and it's their authority to raise the debt ceiling or not. i'm also of the view you can't have brinkmanship. it's turbulent. we saw this and would see it again. if we were every to default on debt, it would do immense damage to borrowing ability and damage to capital markets and faith in the stability of markets. i'm not a fan of it. i really advocate a way to do fiscal negotiations doesn't involve debt ceiling brinkmanship. >> just to be clear, what the president is talking about is the idea from last year. >> the idea that mitch mcconnell filibustered on the floor. the democrats said great
Search Results 0 to 1 of about 2 (some duplicates have been removed)